Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against Pacifica+0.034%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on Pacifica Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 4 days (all we have)−0.961%−$96 · spread now +0.034%, 7d avg −0.050%

Together, before fees−1.041%+ Points / potential airdropPacifica: Active · farm board−$104 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.084% dearer against Pacifica than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica WLD	0.4732	0.0100	pay 0.0013% / 1h	7m 10s	$56K	$485K	5x
Short	Polymarket Perps WLD-USD	0.4734	0.0100	get 0.0013% / 1h	7m 10s	$45K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee Polymarket PerpsbpOrdersPrice spread, now +0.034%Rate

Funding earned: $0
Price spread: +0.034% → −0.050%: $8.43
Slippage, 4 orders: −$21.94
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$29.51
Costs to cover: 0.379%
Break-even: never at this rate

Slippage from Pacifica: live order book, 1 min ago; Polymarket Perps: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica live order book, 1 min ago	2.12 bp	14.9 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 7 min ago	3.16 bp	7.2 bp −$7	7.7 bp −$77	doesn't fit	doesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXWLDPERP	−0.0161%	8h	0.4734	+0.042%	$30K	$4.0M	1.7x	as long as short
Nado WLD-PERP	−0.0025%	1h	0.4733	+0.011%	$275K	$178K	5x	as long as short
KuCoin WLDUSDTM	−0.0014%	8h	0.4732	0.000%	$7.1M	$11.2M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4730	−0.049%	$169K	$12K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4729	−0.063%	$56K	—	150x	as long as short
Injective WLD/USDC PERP	+0.0038%	1h	0.4744	+0.254%	$6K	$185K	5.5x	as long as short
Orderly PERP_WLD_USDC	+0.0050%	8h	0.4730	−0.042%	$29K	$900K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4730	−0.040%	$208K	$995K	50x	as long as short
Pacifica WLDlong	+0.0100%	1h	0.4732	long leg	$56K	$485K	5x
Binance WLDUSDT	+0.0100%	8h	0.4733	+0.030%	$90.5M	$311.0M	75x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit WLDUSDT	+0.0100%	8h	0.4732	0.000%	$68.6M	$83.7M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4731	−0.021%	$35.9M	$150.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4733	+0.021%	$7.6M	$36.7M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4734	+0.042%	$49.4M	$55.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4735	+0.063%	$31.7M	$27.4M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4735	+0.063%	—	$67.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4737	+0.104%	$140K	$277K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4717	−0.323%	$2.1M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4721	−0.234%	$28K	$317K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4728	−0.076%	$624K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4723	−0.190%	$57K	$232K	50x	as long as short
Polymarket Perps WLD-USDshort	+0.0100%	1h	0.4734	+0.034%	$45K	$1.8M	10x
SunX WLD-USDT	+0.0100%	8h	0.4734	+0.042%	$24K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4729	−0.063%	$230	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4731	−0.021%	$900K	$1.9M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4726	−0.127%	$1.9M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4729	−0.062%	$218K	$894K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4732	−0.011%	$32K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4730	−0.042%	—	—	20x	as long as short
Phoenix WLD	+0.0157%	1h	0.4726	−0.127%	$5K	$53K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	+0.0173%	1h	0.4732	0.000%	$136K	$863K	25x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4732	0.000%	$5.1M	$880K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0239% / S −0.1538%	1h	0.4731	−0.022%	$6K	—	100x	as long as short
01 Exchange WLDUSD	+0.0256%	1h	0.4735	+0.059%	$339	$77	5x	as long as short
Kraken Futures PF_WLDUSD	+0.0318%	1h	0.4734	+0.043%	$943K	$2.7M	50x	as long as short
Coinbase International WLD-PERP-INTX	+0.0448%	1h	0.4737	+0.106%	$277K	$1.7M	50x	as long as short
Hyperliquid WLD	+0.0880%	1h	0.4744	+0.251%	$53.2M	$44.0M	10x	as long as short
Lighter WLD	+0.0992%	1h	0.4741	+0.197%	$5.4M	$2.0M	10x	as long as short